Speaker:

Dr Krishna Srinivasan
Director, Asia and Pacific Department, International Monetary Fund

Date & Time:

Tuesday, 30 April 2024
2:00 pm – 3:15 pm (Singapore time)

Video recording:

Please visit https://www.youtube.com/watch?v=BSlky3Kgp6E for the video recording in YouTube.

On-site venue:

EAI Conference Room
NUS Bukit Timah Campus, Tower Block #06-01,
469A Bukit Timah Road, Singapore 259770

Abstract:

Asia is on track to remain as the largest driver of global growth, despite tighter monetary policy, weaker external demand and China’s slowdown. The region is also ahead of the curve in containing inflation, though the pace varies across individual economies. Risks are broadly balanced in the near term. On the upside, disinflation and the prospect of central bank interest rate cuts have raised the odds of a soft landing. However, a possible intensification of China’s property crisis could have negative repercussions for neighbouring economies and geoeconomic fragmentation poses serious risks for Asia. The IMF’s Regional Economic Outlook for Asia and Pacific provides an assessment of the macroeconomic outlook and challenges for the region, as well as policy recommendations aimed at mitigating risks and sustaining Asia’s role as an engine of global growth.

About the Speaker:

Krishna Srinivasan oversees IMF’s work on countries in the Asia-Pacific region. Srinivasan has been with the IMF since 1994 and has served in several departments across the institution. Prior to the Asia-Pacific region he was Deputy Director in the IMF’s Western Hemisphere Department, where he oversaw the institution’s work on several countries in the Americas and the department’s research activities. Srinivasan was also the IMF’s mission chief for the United Kingdom and Israel and led the IMF’s work on the G-20 in the context of the global financial crisis. He secured his PhD in International Finance from Indiana University and a Master’s from the Delhi School of Economics, India. Srinivasan has published several papers both at the IMF and in leading academic journals, edited an IMF book on Global Rebalancing: A Roadmap for Economic Recovery and co-edited books on Brazil—Boom, Bust and the Road to Recovery and on Unleashing Growth and Strengthening Resilience in the Caribbean.